Obama Should Price Carbon Emissions To Curb Climate Change, Report Argues

The U.S. government doesn’t attach a price to harmful greenhouse gas emissions when it evaluates long-term energy projects. An influential Washington policy group with close ties to the Obama administration argues that it should.

The Center for American Progress said in a report Monday that President Barack Obama ought to order federal agencies to take into account the hypothetical price of every metric ton of carbon emitted by potential projects such as pipelines, power plants and other proposals they assess that generate and transport energy.